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China has set the goal of eradicating absolute poverty by the end of 2020.

China has vowed to take substantial efforts to further open up its financial sector to foreign investors. It has, for example, allowed foreign enterprises to take as high as 51 percent of shares in Chinese securities, fund management, futures and life insurance companies and the cap will be eliminated in 2021.

China is expected to release and implement two updated foreign investment negative lists by July 1, as foreign direct investment in the Chinese mainland continued a strong run, according to the Ministry of Commerce.

China is changing to a more scientific evaluation system from the former system, which placed excessive emphasis on economic indicators.

China has today the largest amount of foreign currency reserves, which it can and is willing to invest in other countries, which also makes China a very important economic global player, according to Eran.